Thursday, July 19, 2012

Go short July/19/2012 ?

Here's a chart showing some possible weakness in coming days. RSI is again approaching over 60, and I think there are good chances we retrace again from here. I am starting to sell SPX spreads, buy VIX spreads and will initiate more short positions if we see any weakness in the markets starting today.
SPX daily chart (mainly RSI)

















*Please do your own research before buying any stock listed here. Disclaimer.
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Monday, July 2, 2012

Boeing Co, BA trade for Jul/02/2011


The Boeing Company (BA)

Buy 1x (Aug $67.5 put)
Sell 1x (Aug $62.5 put)

Paid: $0.50
Google finance link

Looking to see how the stock behaves in the next few days before we decide to add more or close the position before the earnings.

*Please do your own research before buying any stock listed here. Disclaimer.
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Wednesday, June 20, 2012

SLV trade for June/20/2012

SLV july puts at $0.81

Bear flag breaking the trend













*Please do your own research before buying any stock listed here. Disclaimer.
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Monday, June 18, 2012

FB bear call spread trade for the week june/22/2012

FB just made a parabolic move to the upside and it may be starting a descent. Since the daily strength is to the upside and all major moving averages showing strength in FB, we didn't wanted to buy outright puts as we might get hit by decay. Instead, we initiated a bear call spread to collect premium if the stock stays below 31 for this week. We may also have some good time to close the position if the stock goes against us.

Trade:
Sell (1) 31 Calls
Buy (1) 32 Calls

5 min chart showing some weakness in the stock today and how it closed below 23.6 fib level.










Hourly chart shows weakness at close. Need confirmation.












Have a good day, trade smart and let us know your thoughts.

*Please do your own research before buying any stock listed here. Disclaimer.
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Tuesday, May 22, 2012

Bear Call Spreads for May/22/2012

Some trades we took today (all expiring this week):

AAPL (Sell 575, Buy 580)
















AMZN Sell 220, Buy 225)














CF (Sell 165, Buy 170)
V (Sell 120, Buy 125)
GOOG (Sell 615, Buy 620)
 

*Please do your own research before buying any stock listed here.
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Sunday, November 20, 2011

Breakout stocks for Nov/21/2011

Get ready for possible long term bearish conditions. My money is on the short side until we see some strong indicators suggesting a reversal. Wait for stronger downtrend confirmations in the coming days or weeks for S&P Index to go below 1200 mark and then the 1192 mark. Good luck!


















My Bears:
Green Mountain Coffee Roasters Inc.  (NASDAQ:GMCR)
EOG Resources, Inc. (NYSE:EOG)
Southern Copper Corporation (USA)  (NYSE:SCCO)
Ford Motor Company  (NYSE:F)
Verizon Communications Inc. (NYSE:VZ)
Walgreen Company (NYSE:WAG)
priceline.com Incorporated (NASDAQ:PCLN)
Hewlett-Packard Company (NYSE:HPQ)
WellPoint, Inc. (NYSE:WLP) 

Bulls:
Antares Pharma Inc  (MEX:AIS) (Dec FDA date)
Poniard Pharmaceuticals, Inc.  (NASDAQ:PARD)
A-Power Energy Generation Systems, Ltd.  (PINK:APWR)
Fushi Copperweld, Inc. (NASDAQ:FSIN)

*Please do your own research before buying any stock listed here.
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Wednesday, October 12, 2011

Breakout stocks for Oct/13/2011

It's time to be bearish again. Possible correction days ahead. My money is on the short side starting today and possibly tomorrow as well. Wait for a downtrend confirmation tomorrow morning. Good luck!

My Bears:
Research In Motion Limited (NASDAQ:RIMM) (might just hit $20 again soon)
EOG Resources, Inc. (NYSE:EOG)
AT&T Inc. (NYSE:T)
Las Vegas Sands Corp. (NYSE:LVS)
Verizon Communications Inc. (NYSE:VZ)
The Home Depot, Inc. (NYSE:HD)
Walgreen Company (NYSE:WAG)
priceline.com Incorporated (NASDAQ:PCLN)
Hewlett-Packard Company (NYSE:HPQ) 
WellPoint, Inc. (NYSE:WLP) 

Bulls:
LDK Solar Co., Ltd (NYSE:LDK)
Fushi Copperweld, Inc. (NASDAQ:FSIN)
Altair Nanotechnologies, Inc. (NASDAQ:ALTI)
Pulse Electronics Corp (NYSE:PULS)
Direxion Small Cap Bear 3X Shares (ETF)  (NYSE:TZA)

*Please do your own research before buying any stock listed here.
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Sunday, October 2, 2011

Breakout stocks for Oct/03/2011

Overall markets look highly bearish. Strong selloff at the close on friday with a spike in VIX. My money is on the short side for the coming days. 

My Bears:
Merck & Co., Inc. (NYSE:MRK)
AT&T Inc. (NYSE:T)
Las Vegas Sands Corp. (NYSE:LVS)
Citigroup Inc. (NYSE:C)
Verizon Communications Inc. (NYSE:VZ)
Merck & Co., Inc. (NYSE:MRK)
CVS Caremark Corporation (NYSE:CVS)
PepsiCo, Inc. (NYSE:PEP)
The Home Depot, Inc. (NYSE:HD)
Accenture Plc (NYSE:ACN) 

Bulls:
Altair Nanotechnologies, Inc. (NASDAQ:ALTI)
Pulse Electronics Corp (NYSE:PULS)
Eastman Kodak Company (NYSE:EK) 

*Please do your own research before buying any stock listed here.
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